Earnings for the private and the public sector by occupational group and sex 2014-2016
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Information

Unit
Thousand ISK
Latest update
10/2/2017
Next update
10/2/2017
Survey
Icelandic Survey on Wages, Earnings and Labour Cost that is a sample survey
Creation date
10/14/2016
Source
Statistics Iceland
Matrix
VIN02001
Footnotes

Footnotes

Earnings are the remuneration an employee gets from the employer in exchange for labour or services.
Preliminary numbers.
Earnings are monthly earnings in thousand ISK.
Paid hours are monthly hours paid.
Data are based on the Icelandic Survey on Wages, Earnings and Labour Cost which is a sample survey.
Data are based on the following economic activities: Manufacturing (C), Electricity, gas, steam, and air conditioning supply (D), Water supply; sewerage, waste management and remediation activities (E), Construction (F), Wholesale and retail trade; repair of motor vehicles (G), Transportation and storage (H), Information and communication (J), Financial and insurance activities (K), Public administration and defence; compulsory social security (O), Education (P), and Human health and social work activities (Q).
In the economic activity J small enterprises and enterprises in the IT business are missing.
Only employees in the public sector are covered in the economic activities O, P, Q. In O employees in the public market are about 95% of the population, in P about 90% and 80% in Q. Thus, the weight of employees in the public market in the total is about 50% instead of 40%, this is corrected by using weights.
Full-time employees are defined as employees whose total daytime hours are equal or exceed 90% of contractual working hours, e.g. 173.3 for workers.
A minimum of 50 employees in 3 legal units are required in order to publish data on sub-groups.
Sector
Employees in the public sector receive remuneration directly from either local government or the central government. Other employees belong to the private sector.
Occupational group
Occupational groups follow the Ístarf95 classification (based on ISCO-88). In addition there are two occupational groups: Craft workers, defined as those belonging to occupational groups 7, 8 and 9 and having 5th digit (Icelandic addition) 2 and 3 (skilled craft workers and skilled foremen); general, machine and specialized workers, defined as those belonging to occupational groups 7, 8 and 9 and having the 5th digit 0 and 1 (general workers, and foremen).
Earnings and working hours
Basic earnings - total
Basic earnings are the remuneration for regular daytime working hours without any supplements. Basic earnings for part-time employees are full-time equivalent.
Basic earnings - part-time
Basic earnings are the remuneration for regular daytime working hours without any supplements. Basic earnings for part-time employees are full-time equivalent.
Basic earnings - full-time
Basic earnings are the remuneration for regular daytime working hours without any supplements.
Regular earnings - total
Regular earnings are the remuneration for regular working hours that is ordinary working hours according to collective agreements, both daytime and shift-work hours. Regular earnings for part-time employees are full-time equivalent.
Regular earnings - part-time
Regular earnings are the remuneration for regular working hours that is ordinary working hours according to collective agreements, both daytime and shift-work hours. Regular earnings for part-time employees are full-time equivalent.
Regular earnings - full-time
Regular earnings are the remuneration for regular working hours that is ordinary working hours according to collective agreements, both daytime and shift-work hours.
Total regular earnings - full-time
Total regular earnings are the total remuneration per month including overtime.
Total earnings - full-time
Hours paid are monthly working hours for full-time employees, whether being daytime, shift-work, piece work or overtime hours. To obtain weekly hours the hours paid is divided by (52/12).
Hours paid - full-time
Hours paid are monthly working hours for full-time employees, whether being daytime, shift-work, piece work or overtime hours. To obtain weekly hours the hours paid is divided by (52/12).